ST. LOUIS, April 18, 2012 /PRNewswire via COMTEX/ --Isle of Capri Casinos, Inc. (NASDAQ: ISLE) (the "Company"), a leading developer and operator of regional gaming and entertainment facilities, announced today that the Company's president and chief executive officer, Virginia McDowell, was elected to the Board of Directors, effective April 12, 2012. The election followed action by the Board of Directors to expand itself by one member.
McDowell has over 30 years of wide ranging gaming industry experience, with an extensive track record of leadership of regional and destination gaming properties across the United States. She joined Isle of Capri in 2007 as president and chief operating officer, and was promoted to chief executive officer in April 2011.
At Isle of Capri, she has designed and implemented a strategic plan that has refined the Company's business model by focusing on cost effective operating enhancements and substantially restyled customer experiences across the portfolio, leading to vastly improved customer satisfaction ratings during her tenure. Additionally, under her leadership, the Company has successfully completed several deleveraging transactions of legacy assets and continues the completion of a development pipeline that includes the Company's current development projects in Cape Girardeau, Missouri and at Nemacolin Woodlands Resort in Western Pennsylvania.
Prior to joining the Company, McDowell served as senior executive at Trump Entertainment Resorts and Argosy Gaming Company. She began her gaming career in Atlantic City, holding a variety of management positions over a period of more than 15 years.
James B. Perry, the Company's executive chairman, commented, "Virginia is a dynamic and respected leader in the gaming industry who has spearheaded our efforts to fundamentally improve our company and build a platform for growth and success. Her extensive experience and unique perspective are a great asset to Isle of Capri and to our board of directors."
About Isle of Capri Casinos, Inc.
Isle of Capri Casinos, Inc., founded in 1992, is dedicated to providing its customers with an exceptional gaming and entertainment experience at each of its 15 casino properties. The Company owns and operates casinos in Biloxi, Lula, Natchez and Vicksburg, Mississippi; Lake Charles, Louisiana; Bettendorf, Davenport, Marquette and Waterloo, Iowa; Boonville, Caruthersville and Kansas City, Missouri; two casinos in Black Hawk, Colorado; and a casino and harness track in Pompano Beach, Florida. The Company also has a casino under construction in Cape Girardeau, Missouri. More information is available at the Company's website, www.islecorp.com.
This press release may be deemed to contain forward-looking statements, which are subject to change. These forward-looking statements may be significantly impacted, either positively or negatively by various factors, including without limitation, licensing, and other regulatory approvals, financing sources, development and construction activities, costs and delays, weather, permits, competition and business conditions in the gaming industry. The forward-looking statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by the statements herein.
Isle of Capri Casinos, Inc.
Dale Black, Chief Financial Officer - 314.813.9327
Jill Alexander, Senior Director of Corporate Communication - 314.813.9368
SOURCE Isle of Capri Casinos, Inc.